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Second coin current price 2260-2280 zone, the lowest dip in the early morning near 2250, currently consolidating weakly at a low level.
From the weekend trend: Saturday surged to 2463 then sharply fell back to 2345, Sunday further declined below 2300, this morning already near 2250.
High points continue to move downward, lows keep refreshing, the bearish trend fully dominates the short-term structure. $ETH
The structure remains unchanged: 2400 three attempts to break, false breakout confirmed followed by accelerated decline, second coin weaker than main coin.
The current price has broken below the short-term support zone of 2250-2280, testing the 2200-2230 area—this has been a key cost-intensive zone since March, where bulls and bears will fiercely contest.
Resistance above 2280-2320 4-hour level resistance zone, offering resistance on rebounds
Strong resistance 2380-2420 weekend false breakout zone, now a short-term ceiling
First support 2180-2200 March low area
Lifeline 2100-2150 breaking below this would severely damage the bullish structure
Trading strategy
Bearish dominance, mainly high short positions. Do not bottom fish or chase shorts; wait for rebounds to short. Strictly execute stop-loss at 20-30 points.
Short (Tong Ge's preference):
Entry: 2270-2290 light short position
Stop-loss: stand firm at 2320, exit
Target: 2240 → 2220
Long positions require signals to be confirmed